The East African
Thursday March 11 2021
Workers make garments at EPZ firm Hela Intimates in Athi River on December 17, 2020. PHOTO | FILE | NMG
Summary
The deal opens the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.
Pact adopted when the economy is in doldrums, owing to the Covid-19 pandemic.
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Kenya is staring at massive losses in revenue following the ratification of the Economic Partnership Agreement with the United Kingdom.
The National Assembly ratified the EPA on Tuesday, opening the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.